Solmate Targets UAE as Solana Infrastructure Hub, Announces Reverse Stock Split

Solmate Infrastructure plans a major shift toward Solana infrastructure in Abu Dhabi, proposing a rebrand, governance changes, and a 10-for-1 reverse split.

Solmate Infrastructure, currently listed on Nasdaq as Brera Holdings PLC, has proposed major structural changes. The company aims to transform itself into a Solana-focused digital infrastructure platform centered in Abu Dhabi. Executives want to simplify operations, reposition the brand, and attract institutional capital. 

Consequently, the board approved proposals that include a corporate name change, constitutional revisions, and a reverse stock split. Shareholders will vote on the plan during a meeting scheduled for April 7, 2026.

Strategic Shift Toward Blockchain Infrastructure

Company leaders want the new structure to reflect a clear commitment to blockchain infrastructure. The plan includes renaming the company Solmate Infrastructure PLC. Additionally, executives want constitutional updates that formally support a digital asset treasury and infrastructure strategy.

Management believes the shift will align corporate governance with its expanding blockchain operations. Moreover, the new identity will emphasize Solana infrastructure rather than legacy sports investments.

Marco Santori, Solmate CEO, explained the company’s vision. He said, “This transformation is the culmination of Brera’s strategic shift toward infrastructure opportunities we see in Abu Dhabi.”

Santori added, “By focusing our capital and corporate identity on Solana, we are positioning ourselves to be a central player in the region’s rapidly expanding digital economy.”

Besides branding changes, leadership plans to streamline older business units. The company will close underperforming football operations such as Brera Tchumene and Brera IIch. However, it will retain its Italian club Juve Stabia as the remaining sports asset.

Management expects the move to release capital for technology expansion. Consequently, more funding will support Solana validators, staking services, and blockchain infrastructure projects in the UAE.

Reverse Stock Split Targets Institutional Investors

The board also proposed a 10-for-1 reverse stock split. Executives believe the adjustment will place shares within a price range preferred by institutional investors. Additionally, the change could create flexibility for future financing initiatives.

After the consolidation, every ten existing Class A shares will convert into one share with higher nominal value. The same adjustment will apply to Class B shares.

Importantly, the proposal will not change shareholder ownership percentages. Fractional shares will not exist after the consolidation process.

Shares will continue trading on Nasdaq under the symbol SLMT. Moreover, the company will adjust outstanding warrants and equity awards to match the revised structure.

Building a Regional Solana Hub

Solmate has already invested heavily in Solana infrastructure. In September 2025, the company secured $300 million through a private investment round. Major supporters included Ark Invest, RockawayX, the Solana Foundation, and the UAE-based Pulsar Group.

The strategy centers on accumulating and staking SOL tokens while expanding validator services. Additionally, the company plans specialized hardware deployments inside the UAE.

In November 2025, Solmate launched a bare-metal Solana validator in the country. The validator allows users to stake SOL tokens and earn rewards without commission fees.

However, recent market conditions forced leadership to adjust other plans. The company canceled a previously announced merger with RockawayX. Nevertheless, both companies continue working together through a strategic partnership.